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Earnings Per Share
12 Months Ended
Dec. 31, 2011
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
EARNINGS PER SHARE
The calculation of basic and diluted earnings per common share follows (in thousands, except per share amounts):
 
December 31
 
2011
 
2010
 
2009
Earnings from continuing operations
$
23,865

 
$
39,904

 
$
28,202

Weighted-average shares outstanding for basic earnings per share
63,284

 
62,807

 
62,674

Common equivalent shares:
 
 
 
 
 
Effect of stock-based compensation awards
801

 
1,202

 
605

Weighted-average shares outstanding assuming dilution
64,085

 
64,009

 
63,279

Basic earnings per share from continuing operations
$
0.38

 
$
0.64

 
$
0.45

Diluted earnings per share from continuing operations
$
0.37

 
$
0.62

 
$
0.44

Basic weighted average shares outstanding for purposes of basic earnings per share are less than the shares outstanding due to 584,700 shares, 564,100 shares and 630,300 shares of restricted stock for 2011, 2010 and 2009, respectively, which are accounted for as part of diluted weighted average shares outstanding in diluted earnings per share. The number of equivalent shares that were not included in weighted average shares outstanding assuming dilution, because their effect would have been anti-dilutive, was 176,000 at December 31, 2011 and immaterial at December 31, 2010 and 2009.